Daily Archives: February 13, 2019

Crude Oil: Oil trading higher, ahead of EIA’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.83% against the USD and closed at USD53.37 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories fell 1.0 million barrels to … Continue reading

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Silver: White metal trading on a positive footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver marginally rose against the USD and closed at USD15.70 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.72, with silver … Continue reading

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Gold: Yellow metal extends its gains in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.21% against the USD and closed at USD1314.20 per ounce, amid weakness in the greenback. In the Asian session, at GMT0400, the pair is trading at 1316.20, with gold … Continue reading

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AUD/USD: Australia’s Westpac consumer confidence index rebounded in February

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.54% against the USD and closed at 0.7098. LME Copper prices declined 0.8% or $46.0/MT to $6102.0/MT. Aluminium prices declined 0.4% or $7.5/MT to $1840.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading on a stronger footing in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.55% against the CAD and closed at 1.3231. In the Asian session, at GMT0400, the pair is trading at 1.3201, with the USD trading 0.23% lower against the … Continue reading

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USD/CHF: Swiss Franc reverses its losses in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.20% against the CHF and closed at 1.0061. In the Asian session, at GMT0400, the pair is trading at 1.0056, with the USD trading 0.05% lower against the … Continue reading

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USD/JPY: Japan’s machine tool orders declined in January

USDJPY Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the JPY and closed at 110.45. On the macro front, Japan’s flash machine tool orders declined 18.8% on an annual basis in January, following a fall … Continue reading

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GBP/USD: British Pound trading higher in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.28% against the USD and closed at 1.2894. The Bank of England Governor, Mark Carney warned that a no-deal Brexit would create an “economic shock”. Hence, he urged … Continue reading

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EUR/USD: Euro extends its gains in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.51% against the USD and closed at 1.1333. In the US data indicated that the US NFIB small business optimism index dropped to a two-year low level of … Continue reading

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